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Announced

Epiris to acquire Sharps from Sun European Partners for £150m.

Financials

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Transaction Value£150m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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bedroom furniture

Private

Pending

Household Equipment and Products

Private Equity

Single Bidder

Domestic

Friendly

United Kingdom

Majority

Acquisition

Synopsis

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Epiris, an independent private equity manager, agreed to acquire Sharps, a supplier of fitted bedroom furniture, from Sun European Partners, a private investment advisory firm, for £150m (c.$198m). “Sharps is the leader in a market which offers strong long-term growth prospects beyond the boom it is currently enjoying. We are all delighted to be partnering with Kevin and his team to build on the company’s clear and proven strengths in selling bespoke products direct to consumers," Bill Priestley, Epiris Chief Investment Partner.

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